EANS-News: Data Modul AG:Successful 2012 Fiscal Year - Unchanged Dividend
Proposal of 0.60 euros
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annual result
München (euro adhoc) - - Order entry grew 10.6% to 153.9 million euros
- Order backlog rose 19.2% and achieved a new record
- EBIT of 8.2 million euros below prior year - Charges resulting from
investments in preparation for expected growth in the coming years
Data Modul AG, the European market leader in the area of display technology,
reviews a successful 2012 fiscal year. In 2012, the transformation of the
business model continued towards a higher portion of added value solutions and
proprietary products which are tailored to the customer's requirements and are
concentrated in the Systems business. Accordingly, the Systems business
recorded a 12.1% increase in revenues in the past year. Order entry even
attained an increase of 39.4%. At the Group level, revenues in 2012 remained
virtually unchanged at 140.2 million euros while the order entry for the Group
rose 10.6% to 153.9 million euros. The order backlog reached a new record level
of 81.5 million euros.
The results were marked by expenses for the expected growth to come:
significantly higher investments, a further planned increase in research and
development costs, and a rise in the number of employees. Consequently, EBIT
was below the high level of the prior year and amounted to 8.2 million euros. A
favourable tax effect resulted in a decrease in net income of only 9.2% to 6.9
million euros. This corresponded to earnings per share in 2012 of 1.98 euros. At
the Annual General Meeting on May 5, 2013, an unchanged cash dividend
distribution of 0.60 euro per share will be proposed.
Data Modul AG's key Group figures according to IFRS
|Jan. - Dec. (as of Dec. 31, |2012 |2011 |Change |
|respectively) | | |in % |
|Revenues (million euros) |140.2 |140.9 |- 0.5 |
| - Displays (million euros) |77.9 |85.2 |- 8.5 |
| - Systems (million euros) |62.3 |55.6 |+ 12.1 |
|EBIT (million euros) |8.2 |10.1 |- 18.8 |
|Order entry (million euros) |153.9 |139.1 |+ 10.6 |
|Order backlog (million euros) |81.5 |68.4 |+ 19.2 |
|Equity ratio in % |56.2 |55.6 |+ 1.1 |
|Employees (year average) |315 |296 |+ 6.4 |
|Net income (million euros) |6.9 |7.6 |- 9.2 |
|Earnings per share in euros |1.98 |2.16 |- 8.3 |
|Dividend per share in euros |0.60* |0.60 |+/- 0.0 |
*Proposal for the Annual General Meeting on May 17, 2013
The year 2013 will be a transition year for DATA MODUL and will be affected by
investments in future growth. This especially pertains to the transfer of
production and logistics from Munich to Weikersheim, as well as the related
build-up of capacity. As has been already announced last year, DATA MODUL will
continue to consistently forge ahead with its strategic transition of the
business model toward the higher added value and strong growing Systems
business as well as toward increased internationalisation.
The Executive Board
Munich, March 20, 2013
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Press Information
Data Modul AG
Landsberger Str. 322
Telephone 089 56017-105
Fax 089 56017-102
Further inquiry note:
Barbara Lederer
Tel.: +49 (0)89 56017-105
E-Mail: barbara.lederer@data-modul.com
end of announcement euro adhoc
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company: Data Modul AG
Landsberger Str. 322
D-80687 München
phone: +49(0)89-56017-0
FAX: +49 (0)89 56017-102
mail: info@data-modul.com
WWW: http://www.data-modul.com
sector: Technology
ISIN: DE0005498901
indexes: CDAX, Prime All Share
stockmarkets: free trade: Berlin, Hamburg, Düsseldorf, Stuttgart, regulated
dealing: München, regulated dealing/prime standard: Frankfurt
language: English